CBRE names former Chicago broker Durburg as Americas boss

Jack Durburg, former head of CBRE's Chicago office, is now in charge of the entire country for the real estate services firm.

Los Angeles-based CBRE said it promoted Durburg to CEO of the Americas as part of a broader reshuffling of its executive ranks. Durburg, 50, who grew up in Evanston and works in Chicago, was previously Global President of Advisory & Transaction Services, a position he has held since 2012.

In his new role, Durburg oversees CBRE's largest operating unit, with more than $6 billion in annual sales and 33,000 employees.

Durburg succeeds Cal Frese, another Chicago-based executive, who was promoted from Americas CEO to Global Group President, Geographies, according to CBRE. Durburg will report to Frese, 59.

Durburg is a former office broker who led CBRE's Chicago office as the firm integrated its acquisition of Insignia/ESG in 2004. That was also the year he was selected for Crain's annual 40 under 40 list.

Durburg was named president of CBRE's Central Division in 2011 and promoted to his most recent post a year later.